Seller's Agent in 2017
Edmon Lee
Lee Commercial Properties
(310) 544-6100
8 Total Sales
1206 W 60th Place Los Angeles, CA 90044
Vermont-Slauson NeighborhoodEstimated Value: $724,000 - $798,000
5
Beds
3
Baths
2,055
Sq Ft
$373/Sq Ft
Est. Value
About This Home
As of August 2017Excellent Investment opportunity in a quiet residential area of South Los Angeles. Do not miss this opportunity! There has been several recent upgrades made to the roof, plumbing, and exterior facade. This is a great centrally located property within minutes from Koreatown, Downtown, USC, and the new NFL stadium site in Inglewood. The property features (2) 1 bedroom +1 bathroom units that are both renting for $901 and a 3 bedroom + 1 bathroom house renting for $1,300. There is also a 2 car garage which is currently not being used with potential to add income.
Last Agent to Sell the Property
Lee Commercial Properties License #01702793 Listed on: 05/02/2017
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,862
Year Built
- Built in 1927
Lot Details
- 6,431 Sq Ft Lot
- 1 Common Wall
- Private Yard
Parking
- 2 Car Garage
Home Design
- 2,055 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 143
- Tax Tract Number 3987
- Assessor Parcel Number 6003019011
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $900
- Water Sewer Expense $2,100
- New Taxes Expense $5,355
- Operating Expense $8,556
- Gross Income $12
- Net Operating Income $23,673
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 2, 2017
Closed on
Jul 31, 2017
Sold by
Lee Catherine
Bought by
Yen Jen
Seller's Agent
Edmon Lee
Lee Commercial Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$459,000
Sold Price
$478,750
Premium/Discount to List
$19,750
4.3%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,745
Avg. Annual Appreciation
5.91%
Original Mortgage
$322,000
Outstanding Balance
$284,253
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$483,242
Purchase Details
Listed on
May 2, 2017
Closed on
Jul 13, 2017
Sold by
Grantee S Tony Yang
Bought by
Yen Jen
Seller's Agent
Edmon Lee
Lee Commercial Properties
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$459,000
Sold Price
$478,750
Premium/Discount to List
$19,750
4.3%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Outstanding Balance
$284,253
Interest Rate
6.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$483,242
Purchase Details
Closed on
Apr 11, 2017
Sold by
Lee Catherine
Bought by
Lee Catherine and 2014 Catherine Lee Trust
Purchase Details
Listed on
Feb 3, 2016
Closed on
May 20, 2016
Sold by
Garcla Gonzalo
Bought by
Lee Catherine
Seller's Agent
Mario Zavala
Century 21 Allstars
Buyer's Agent
Walter Prado
Century 21 Allstars
List Price
$369,000
Sold Price
$369,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$258,300
Interest Rate
3.61%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 9, 2003
Sold by
Garcia Maria Guadalupe
Bought by
Garcia Gonzalo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 5, 2002
Sold by
Garcia Gonzalo and Garcia Maria Guadalupe
Bought by
Garcia Gonzalo and Garcia Maria Guadalupe
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yen Jen | $479,000 | Fidelity National Title Co | |
| Yen Jen | -- | Fnt | |
| Lee Catherine | -- | None Available | |
| Lee Catherine | $369,000 | Lawyers Title | |
| Garcia Gonzalo | -- | Ticor Title Company | |
| Garcia Gonzalo | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Yen Jen | $322,000 | |
| Previous Owner | Lee Catherine | $258,300 | |
| Previous Owner | Garcia Gonzalo | $195,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 08/07/2017 08/07/17 | Sold | $478,750 | +4.3% | $233 / Sq Ft | |
| 06/04/2017 06/04/17 | Pending | -- | -- | -- | |
| 05/02/2017 05/02/17 | For Sale | $459,000 | +24.4% | $223 / Sq Ft | |
| 06/21/2016 06/21/16 | Sold | $369,000 | 0.0% | $180 / Sq Ft | View Prior Sale |
| 03/08/2016 03/08/16 | Pending | -- | -- | -- | |
| 02/03/2016 02/03/16 | For Sale | $369,000 | -- | $180 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $6,862 | $545,015 | $374,344 | $170,671 |
| 2024 | $6,862 | $534,329 | $367,004 | $167,325 |
| 2023 | $6,738 | $523,853 | $359,808 | $164,045 |
| 2022 | $6,440 | $513,582 | $352,753 | $160,829 |
| 2021 | $6,352 | $503,513 | $345,837 | $157,676 |
| 2020 | $6,413 | $498,351 | $342,291 | $156,060 |
| 2019 | $6,170 | $488,580 | $335,580 | $153,000 |
| 2018 | $6,041 | $479,000 | $329,000 | $150,000 |
| 2016 | $3,318 | $254,779 | $161,342 | $93,437 |
| 2015 | $3,273 | $250,953 | $158,919 | $92,034 |
| 2014 | $3,305 | $246,038 | $155,806 | $90,232 |
Source: Public Records
Agents Affiliated with this Home
-
Edmon Lee
-
NoEmail NoEmail
N
Buyer's Agent in 2017
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
1 in this area
6,008 Total Sales
-
Mario Zavala
Seller's Agent in 2016
Mario Zavala
Century 21 Allstars
(562) 205-3566
1 in this area
29 Total Sales
-
W
Buyer's Agent in 2016
Walter Prado
Century 21 Allstars
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB17096162
APN: 6003-019-011
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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